Julphar (ADX) Long Setup

Julphar has been in up trend since 18th Dec with a lovely 33% profit so far. The stock is making a correction now touched the upward trend line which coincides with a a 1H demand zone. this DZ has been holding for the third time, the price expected to shoot higher whenever we have 3 touch points.

Good time to enter or add to your position.

Entry ~ 1.48
Target ~ 1.63
SL ~ 1.40

Remember,
“The trend is your friend until it bends at the end.”
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Disclaimer:
This analysis is for educational purposes only and does not constitute financial advice. Trading involves significant risk of loss. Always perform your own analysis and consult a financial advisor before making trading decisions.